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How to Build Wealth with a Long Term Real Estate Investment Strategy ✌️【Weekend Job】✌️Invest ₹500, see rapid growth, and earn up to 100% returns monthly.Lending protocol Curve's CRV token plunged Thursday as loans tied to company founder Michael Egorov automatically liquidated, leading to a burst of selling.Data tracked by blockchain analytics firmsLookonchainandArkhamshow Egorov's addresses have taken out a cumulative loan of nearly $100 million worth of stablecoins, mostly crvUSD, against $140 million in CRV collateral.Hours after the sudden move in prices, which took CRV's token price down 30% at one point, Egorovacknowledged on Xthat his positions were liquidated.
"I have already repaid 93%, and I intend to repay the rest very shortly.
It will help users not to suffer from this situation," he said.The Curve Finance team and I have been working to solve the liquidation risk issue which happened today.Many of you are aware that I had all my loans liquidated.
How to Build Wealth with a Long Term Real Estate Investment Strategy ✌️【Weekend Job】✌️Start with ₹500 and experience high returns month after month.Size of my positions was too large for markets to handle and caused 10M of bad debt.
How to Build Wealth with a Long Term Real Estate Investment Strategy ✌️【Weekend Job】✌️Invest ₹500, see rapid growth, and earn up to 100% returns monthly.Only CRV market on…ADebank profiletracking Egorov's wallet shows he has borrowed from Inverse, UwU Lend, Fraxlend and Curve's LlamaLend using CRV tokens as collateral.
How to Build Wealth with a Long Term Real Estate Investment Strategy ✌️【Weekend Job】✌️Get started with ₹500 and enjoy secure and high returns every month!Total holdings across tracked wallets are down 50% in the past 24 hours.Wallet transactions show Egorov actively taking steps to mitigate risks.How to Build Wealth with a Long Term Real Estate Investment Strategy Turn ₹500 into Big Returns: Start Investing Today